Easing Covid woes: More MGNREGS days, social spending announced

Union Finance Minister Nirmala Sitharaman on Sunday announced eased corporate regulations, greater private participation in the economy and increased social spending budget to mitigate the economic fallout of Covid-19 outbreak.

On one hand, Sitharaman announced a mega stimulus push for education, health and rural employment, on the other, she gave a road map for a massive privatisation and merger drive of public sector undertakings in certain areas.

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